988 Classic View DrAuburndaleFL33823
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Auburndale at 988 Classic View Dr, Auburndale, FL, 33823 priced at $522,900 converts $2,857/mo rent into after a $2,559/mo obligation. Total monthly income equals $2,857/mo. Return on cash invested prints 15.42% in year one, and rental yield reads 6.56% against a $522,900 entry. Equity gained on principal adds $3,374/yr, while 5% annual appreciation compiles into $144,468 by year five. Five-year ROI reaches 79.49% and total cumulative return in cash sums $136,749. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,857/mo property income covering a $2,559/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.40 Acres lot
$N/A/sqft
$52 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33823, Auburndale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,100 (100%) |
| Owner Occupied HU | 10,984 (68.2%) |
| Renter Occupied HU | 3,630 (22.5%) |
| Vacant Housing Units | 1,486 ( 9.2%) |
| Median Home Value | $317,933 |
| Average Home Value | $323,289 |
Housing Distribution
Address Breakdown
Residential
15,339
Single Family
15,047
Multi-Family
292
Businesses
969
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-29 | Price change | $522,900 |
| 2024-04-06 | Listed for sale | $581,000 |
| 2014-12-19 | Sold | $231,800 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $2543.53 | 2.31% | $233,580 | 3.00% |
| 2022-02-13 | $2486.20 | -0.69% | $226,777 | 3.00% |
| 2021-02-13 | $2503.35 | 11.05% | $220,172 | 9.70% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2006
- Architectural Style: N/A
- Building Area: 3,472
- Living Area: 2,834 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Ceramic Tile, Hardwood
- Interior Features: Ceiling Fan(s), Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
- Exterior Features: Irrigation System, Sliding Doors
- Parking Features: Garage Door Opener
Location
- City: Auburndale
- State: FL
- Subdivision: Classic View Estates
- Lot Size: 0.40 Acres
- Lot Features: In County, Street Dead-End, 1/4 to less than 1/2 Acre
- View: N/A
HOA & Fees
- HOA Fee: $52 monthly
- Association Fee: $52 monthly
- Fees & Dues: N/A
- Association Amenities: Park
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected
- Sewer: Septic Tank
- Water Source: Public
- Road Surface Type: Paved, Asphalt
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Kelley Blackburn • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4943829
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511